Follow us:

Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

December 15, 2011 at 2:15 PM

Dining deal app venture Pirq raises $1.95 mil

Tech investors are still interested in new digital deal ventures, apparently.

Kirkland-based Pirq – which delivers real-time, location-targeted restaurant deals to smartphones – just raised $1.95 million from Kirkland’s Rally Capital.

Chief Executive James Sun – who achieved fame as a contestant on “The Apprentice” – said the funding will be used to develop a new version of the product that adds a loyalty program for participating restaurants.

Pirq will also expand into more cities and hire additional developers. It currently has about 30 employees.

Sun said via email that the company pursued funding from investors across town, instead of investors from Silicon Valley, because of the local support and wireless industry knowledge offered by Rally.

Rally Capital is managed by Dennis Weibling, former chief executive of Nextel and former president of Craig McCaw’s Eagle River Investments.

Comments

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►